Greene Co. has $630,000 to invest in capital projects. The company is considering three different projects, each with a positive NPV. The combined cost of the three projects would be $840,000.

Which of the following project interactions will Greene Co. most likely have to take into account in order to make a capital budgeting decision?

A. Project sequencing

B. Mutually exclusive projects

C. Capital rationing

D. Real options

E. Sunk costs